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🏛️ Regulatory Shifts and Legislative Hurdles
SEC's New Direction: Under Chair Paul Atkins, the SEC is crafting clearer guidelines for crypto tokens, aiming to balance innovation with investor protection. This includes potential adjustments for broker-dealers trading non-securities like Bitcoin and Ethereum.
Stablecoin Legislation Stalled: A proposed federal framework for stablecoins has been blocked in the Senate, primarily due to concerns over President Trump's potential financial gains from the legislation and the need for stronger consumer protections.
